ICICI Prudential to Distribute IDCW Payouts Up to ₹2.20 on March 16 for 3 Mutual Fund Schemes

ICICI Prudential Mutual Fund has declared an Income Distribution cum Capital Withdrawal (IDCW) payout for 3 of its schemes, with March 16, 2026, set as the record date. This announcement provides detailed information about the distributions for each scheme and their respective rates. 

ICICI Prudential Manufacturing Fund 

The ICICI Prudential Manufacturing Fund will see a payout of ₹2 per unit. Unit holders under both the IDCW option and the Direct Plan IDCW option will benefit from this distribution. The base face value per unit is ₹10. 

ICICI Prudential India Opportunities Fund 

For the ICICI Prudential India Opportunities Fund, the IDCW distribution is fixed at ₹2.20 per unit. This applies to investors holding units either under the IDCW option or the Direct Plan IDCW option. The face value for calculation remains at ₹10 per unit. 

ICICI Prudential Gilt Fund 

The ICICI Prudential Gilt Fund offers a different payout structure. Investors under the IDCW option will receive ₹0.9032 per unit. Those in the Direct Plan IDCW option are set to receive ₹1.0492 per unit. The standard face value per unit is maintained at ₹10. 

Read More: ICICI Prudential Equity & Debt Fund Turns ₹1,000 Monthly SIP Into ₹4 Crore in 26 Years! 

Record Date and Payout Process 

The record date for these IDCW distributions is March 16, 2026. If March 16 is a non-business day, the next business day will serve as the record date.  

Investors whose names are in the fund's records as of the record date are eligible for income distribution.  

Notably, IDCW payouts may affect the Net Asset Value (NAV) of the schemes by the amount distributed, meaning investors should expect this impact when assessing the value of their investment post-payout. 

Conclusion 

ICICI Prudential Mutual Fund's decision to distribute IDCW across its Manufacturing, India Opportunities, and Gilt Funds provides a significant update for investors. Each scheme’s specific payout amount reflects the fund's performance and offers substantial returns aligned with its parameters. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.